Carrefour ( (FR:CA) ) has issued an announcement.
Carrefour has increased its offer to acquire all outstanding shares of its subsidiary, Grupo Carrefour Brasil, providing minority shareholders with improved options. This move reflects Carrefour’s confidence in the long-term prospects of its Brazilian operations and aims to offer an attractive valuation to shareholders, with the transaction expected to conclude by the end of the second quarter of 2025.
More about Carrefour
Carrefour Group is a global leader in food retail, operating over 15,000 stores across more than 40 countries. In 2024, the company achieved a turnover of 94.6 billion euros. With a workforce of over 300,000 employees, Carrefour is committed to leading the food transition by providing quality, accessible food worldwide.
YTD Price Performance: -2.12%
Average Trading Volume: 783,097
Technical Sentiment Signal: Strong Buy
Current Market Cap: €8.89B
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